Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) Sees Significant Growth in Short Interest

Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 278 shares, an increase of 2,427.3% from the April 15th total of 11 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 5,101 shares, the short-interest ratio is currently 0.1 days.

Twin Oak Short Horizon Absolute Return ETF Price Performance

Shares of TOAK traded down $0.01 during trading hours on Monday, hitting $28.70. The company’s stock had a trading volume of 12,061 shares, compared to its average volume of 12,592. The company has a market cap of $79.21 million, a price-to-earnings ratio of 27.66 and a beta of 0.05. The business has a 50 day simple moving average of $28.61 and a two-hundred day simple moving average of $28.45. Twin Oak Short Horizon Absolute Return ETF has a 52-week low of $27.64 and a 52-week high of $29.36.

About Twin Oak Short Horizon Absolute Return ETF

The Twin Oak Short Horizon Absolute Return ETF (TOAK) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is actively managed, aiming to provide capital appreciation with stable returns. The fund uses a mix of long puts, long calls, and debit spread options with less than 1 year to expiration to pursue its investment strategy. TOAK was launched on Aug 19, 2024 and is issued by Twin Oak.